$BTC is entering next week in a fragile but reactive phase after a sharp sell-off from the 70k+ region to the 59,800 support, followed by a bounce toward the 65,000 zone. This kind of move usually signals panic selling first, then short-term stabilization, not an immediate trend reversal.
In the coming week, Bitcoin is likely to range with high volatility. The key level to watch on the upside is 66,500–68,000. This area acted as strong support before the breakdown and is now expected to behave as heavy resistance. If price fails to reclaim this zone, sellers may re-enter the market, pushing Bitcoin back toward 62,000, with a possible retest of 60,000–59,800.
On the downside, 59,800 remains the most important support. As long as this level holds, buyers may attempt another recovery bounce. However, a clean break below 59,800 could accelerate selling pressure toward 56,000–54,000.
Momentum indicators suggest Bitcoin is not oversold anymore, meaning upside may be limited without fresh buying volume. Overall, next week favors range trading and selling rallies, unless Bitcoin decisively breaks and holds above 70,000, which would shift sentiment